Scottish Widows Contractor Mortgages - Help and FAQs

Here at LENDERmonitor we receive regular similar questions from visitors enquiring about whether Scottish Widows offer contractor mortgages. We collated some of the more common contractor mortgage questions but if you have any specific questions about Scottish Widows and contractor mortgages please complete our enquiry form and we see if we can arrange for an expert to contact you directly.

I am seeking some mortgage advice. I am currently on a grad scheme, 18 months into a three year contract. However, I'm unlikely to be moved onto a permanent contract until around May time. My query is, will Scottish Widows even consider me for a mortgage before then? Is there such thing as a ‘contractor mortgage’?

I am a media contractor looking to buy a home in Nottingham. My next step is to secure a mortgage ideally with Scottish Widows. Would it be wise to contact Scottish Widows directly or seek the assistance of a contractor specialist mortgage broker who focuses on dealing with contractors and Scottish Widows.

Does the CML Lender's Handbook stipulate the requirements for Scottish Widows when it comes to contractor mortgages or self-employed mortgages.

My existing mortgage lender had given us consent to let. My situation changed last year, I started my own company and started working as a contractor. Are you able to recommend a lender who specialises in contractor mortgages?

How can I make myself more attractive to a lender such as Scottish Widows when it comes to trying to get a contractor mortgage. I would like to understand the process and requirements to avoid unwelcome surprises.

The above information is in relation to properties in England and Wales.

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